Archive for the ‘Setup’ Category
Last week: SOLD 30 SCG @33.21 This week: Utilities XLU – Resistance @ 28.70 – 29.60 POM – Resistance @ 14.60 – 15.40 PNW – Resistance @ 33.30 – 34.40 XEL – Resistance @ 20.70 – 21.30 CMS – Resistance @ 12.90 – 13.70 AEP – Resistance @ 32.00 – 33.10 DTE – Resistance @ [...]
1) Charts I personally have been using the TOS chart(although I do not trade on TOS) because it is free of subscription fees. Most futures brokers will charge for use of their charts. 2) Indicators I’ve realized over the past 1 year that it is quite impossible to trade the TF without an indicator. However, [...]
Today the TF gapped up and went up like nobody’s business. I know Wells Fargo reported better than expected earnings and ignite that move up. Then again, the whole picture was set in an uptrend and the COT report confirms this. I didn’t pay attention to the big picture again… I remember someone said that [...]
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